Harvest Equal Weight Global Utilities Income ETF

Income And Stability Built On Constant Demand

The utilities sector is extremely attractive for defensive and income-oriented investors. Electric utilities providers, telecom companies, and oil & gas pipeline operators all have huge scale, significant barriers to entry, and near-monopolies in their markets. By holding a portfolio diversified by sector and geography and applying a covered call strategy this ETF maximizes the defensiveness and income potential of utilities.

Key Facts

As at 2022/05/19

TICKER

HUTL

TSX
CURRENCY

CAD

Hedged
NAV

$19.72

Updated Daily
MKT PRICE

$19.67

Updated Daily
NET AUM*

$123.23M

Updated Daily
MGMT STYLE

Passive

-
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1166

Cash, Per unit
CURRENT YIELD

7.11%

Updated Daily
DISTRIBUTION

$4.4308

Total, Since Inception**

Distributions

Last Ex-dividend Date:

2022-04-28

Last Record Date:

2022-04-29

Last Payment Date:

2022-05-09

Last Cash Distribution Per Unit:

$0.1166

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception**:

$4.4308

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022-04-282022-04-292022-05-09$0.1166Monthly
2022-03-302022-03-312022-04-08$0.1166Monthly
2022-02-252022-02-282022-03-09$0.1166Monthly
2022-01-282022-01-312022-02-09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2021-12-302021-12-312022-01-07$0.1166Monthly
2021-11-292021-11-302021-12-09$0.1166Monthly
2021-10-282021-10-292021-11-09$0.1166Monthly
2021-09-282021-09-302021-10-08$0.1166Monthly
2021-08-302021-08-312021-09-09$0.1166Monthly
2021-07-292021-07-302021-08-09$0.1166Monthly
2021-06-292021-06-302021-07-09$0.1166Monthly
2021-05-282021-05-312021-06-09$0.1166Monthly
2021-04-292021-04-302021-05-07$0.1166Monthly
2021-03-302021-03-312021-04-09$0.1166Monthly
2021-02-252021-02-262021-03-09$0.1166Monthly
2021-01-282021-01-292021-02-09$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2020-12-302020-12-312021-01-08$0.1166Monthly
2020-11-272020-11-302020-12-09$0.1166Monthly
2020-10-292020-10-302020-11-09$0.1166Monthly
2020-09-292020-09-302020-10-09$0.1166Monthly
2020-08-282020-08-312020-09-09$0.1166Monthly
2020-07-302020-07-312020-08-07$0.1166Monthly
2020-06-292020-06-302020-07-09$0.1166Monthly
2020-05-282020-05-292020-06-09$0.1166Monthly
2020-04-292020-04-302020-05-08$0.1166Monthly
2020-03-302020-03-312020-04-09$0.1166Monthly
2020-02-272020-02-282020-03-09$0.1166Monthly
2020-01-302020-01-312020-02-07$0.1166Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2019-12-302019-12-31$0.1166Monthly
2019-11-282019-11-29$0.1166Monthly
2019-10-302019-10-31$0.1166Monthly
2019-09-272019-09-30$0.1166Monthly
2019-08-292019-08-30$0.1166Monthly
2019-07-302019-07-31$0.1166Monthly
2019-06-272019-06-28$0.1166Monthly
2019-05-302019-05-31$0.1166Monthly
2019-04-292019-04-30$0.1166Monthly
2019-03-282019-03-29$0.1166Monthly

Portfolio Analysis

As at April 29, 2022

Number of Equity Securities:

30

Average Market Capitalization (CAD):

$51B

Average Dividend Yield:

4.83%

Average P/E:

17.9x

Average 5 Year Return on Equity:

14.60%

_


Sub-Sector Allocation

As at April 29, 2022


Geographic Allocation

As at April 29, 2022

Holdings

As at April 29, 2022

NameTickerWeightSectorCountry
Edison InternationalEIX US3.8%Electric UtilitiesUnited States
The Southern CompanySO US3.8%Electric UtilitiesUnited States
Entergy CorporationETR US3.7%Electric UtilitiesUnited States
The Williams Companies, Inc.WMB US3.7%Oil, Gas & Consumable FuelsUnited States
Consolidated Edison, Inc.ED US3.6%Multi-UtilitiesUnited States
Duke Energy CorporationDUK US3.6%Electric UtilitiesUnited States
FirstEnergy Corp.FE US3.6%Electric UtilitiesUnited States
Fortis Inc.FTS CN3.6%Electric UtilitiesCanada
Kinder Morgan, Inc.KMI US3.6%Oil, Gas & Consumable FuelsUnited States
PPL CorporationPPL US3.6%Electric UtilitiesUnited States
SSE PLCSSE LN3.5%Electric UtilitiesUnited Kingdom
Telia Company ABTELIA SS3.5%Diversified TelecommunicationSweden
Emera IncorporatedEMA CN3.4%Electric UtilitiesCanada
ONEOK, Inc.OKE US3.4%Oil, Gas & Consumable FuelsUnited States
Avangrid, Inc.AGR US3.3%Electric UtilitiesUnited States
BCE Inc.BCE CN3.3%Diversified TelecommunicationCanada
National Grid PLCNG/ LN3.3%Multi-UtilitiesUnited Kingdom
TC Energy CorporationTRP CN3.3%Oil, Gas & Consumable FuelsCanada
Telefonica, S.A.TEF SM3.3%Diversified TelecommunicationSpain
TELUS CorporationT CN3.3%Diversified TelecommunicationCanada
Deutsche Telekom AGDTE GR3.2%Diversified TelecommunicationGermany
Endesa S.A.ELE SM3.2%Electric UtilitiesSpain
Koninklijke KPN NVKPN NA3.2%Diversified TelecommunicationNetherlands
Swisscom AGSCMN SW3.2%Diversified TelecommunicationSwitzerland
Telenor ASATEL NO3.0%Diversified TelecommunicationNorway
Verizon Communications Inc.VZ US2.8%Diversified TelecommunicationUnited States
Vodafone Group PLCVOD LN2.7%Wireless Telecommunication ServicesUnited Kingdom
E.ON SEEOAN GR2.5%Multi-UtilitiesGermany
ENGIE S.A.ENGI FP2.4%Multi-UtilitiesFrance
Fortum OyjFORTUM FH2.3%Electric UtilitiesFinland
Cash and other assets and liabilities1.9%
Market value of options(0.3)%
Foreign currency forwards(0.5)%

Download CSV


Annualized Performance

As at April 30, 2022

Ticker1M3M6MYTD1Y2Y3YSI
HUTL(0.38)0.646.592.099.3912.424.636.28

Download CSV

Calendar Year Performance

As at April 30, 2022

Ticker202120202019
HUTL16.37(10.92)15.57

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.1166)

Cumulative Growth $10,000 Invested

(NAV pricing)

HUTL Historical Daily Prices (CLICK HERE)


Documents

Why Invest
Investor Brochure
ETF Facts

.

DocumentLanguageType
Why InvestEnglishFrenchInformation Materials
Investor BookletEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
ETF FactsEnglishFrenchETF Facts
ProspectusEnglishFrenchProspectus
MER SummaryEnglish-MER Summary
2021 Annual DistributionsEnglish-Annual Distributions Summary
2021 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2021 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2021 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2021 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2022 Quarterly Summary - Q1English-Portfolio Disclosure
2021 Quarterly Summary - Q3English-Portfolio Disclosure
2021 Quarterly Summary - Q1English-Portfolio Disclosure
PFIC Annual Information StatementEnglish-Information Statement
July 1, 2020 to June 30, 2021 Proxy SummaryEnglish-Proxy Voting

HUTL Historical Documents (CLICK HERE)


Investment Objective

Harvest Equal Weight Global Utilities Income ETF invests in an equally weighted portfolio of 30 global utilities companies, covering utilities, telecommunications, oil & gas storage, and transportation. The ETF is designed to provide a consistent and competitive monthly income with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.

 

Benefits of investing in HUTL

  • Large-capitalization global utility stocks with long term sustainable cash flows

  • Designed for investors looking for defensive position with attractive monthly income

  • Lower Correlations & Volatility

  • Equally Weighted to reduce single stock risk

  • Covered call strategy used to enhance portfolio income potential and lower portfolio volatility

  • Currency Availability: Hedged



ETF Facts

As at April 29, 2022

Quick ETF FactsUnit
TSX CodeHUTL
CUSIP41754C105
CurrencyCAD-Hedged
Inception Date2019/01/07
Management StylePassive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA
Management Fee0.50%
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.1166
Last Record Date2022-04-29
Cash Distributions Since Inception**CA$4.4308
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
2021 Distributions SummaryPDF View

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Investor Documents

Why Invest Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr


MER Summary En

Relevant Posts

Disclaimer

Harvest Equal Weight Global Utilities Income ETF

Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.

* Represents aggregate AUM of all classes denominated in Canadian dollars.

** Inception Date: 2019/01/15

† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.

Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.

# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Equal Weight Global Utilities Income ETF ("HUTL") using the daily market close on the TSX and identifies the monthly cash distributions paid by HUTL on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HUTL or returns on investment in HUTL, which will vary.

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